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July 29, 2005
N.Y. Rail Yards Roundup: MTA on the Hot Seat
Commercial Property News
by Kristin Olson, Associate Editor
New York's Metropolitan Transit Authority truly is a hub of activity lately. Between the controversial and never-ending plan for a stadium to house the New York Jets over the West Side rail yards, the questionably under-priced sale of a rail yard in Downtown Brooklyn for a New Jersey Nets arena, and the sudden windfall, reports of which surfaced late yesterday, of an $833 million surplus of MTA funds, the Authority is hardly able to keep a low profile.
Posted by lumi at July 29, 2005 6:58 AM